HU-TECH ASSOCIATES LIMITED Financials
- Company number
- 03119207Copy
Copy - Registered office
- Ty Caer Wyr, Charter Court, Phoenix Way, Enterprise Park, Swansea SA7 9FS
- Incorporated
- 27/10/1995
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-6.21%vs 20232023: £388.69K
Total Assets
-7.72%vs 20232023: £603.67K
Total Liabilities
-10.46%vs 20232023: £214.98K
Employees
-2vs 20232023: 5
In 2024, HU-TECH ASSOCIATES LIMITED reported net assets of £364.57K. The same filing shows total assets of £557.06K and total liabilities of £192.50K. Reported headcount was 3 in 2024. Total Assets fell from £603.67K in 2023 to £557.06K in 2024 (-7.72%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-6.21%from £388.69K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures HU-TECH ASSOCIATES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+0.7%vs 2022+0.3% a year compound (CAGR)
Total Assets
-5.4%vs 2022-2.7% a year compound (CAGR)
Total Liabilities
-15%vs 2022-7.8% a year compound (CAGR)
Employees
-40%vs 2022-2Biggest increase
Net Assets+0.7%
£362.19K in 2022 to £364.57K in 2024
Biggest decrease
Employees-40%
5 in 2022 to 3 in 2024
HU-TECH ASSOCIATES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HU-TECH ASSOCIATES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 65.44%2024
- Liabilities to total assets
- 34.56%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HU-TECH ASSOCIATES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 374.89K | 362.19K | 388.69K | 364.57K |
| Total Assets£ | 665.52K | 588.63K | 603.67K | 557.06K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 290.63K | 226.44K | 214.98K | 192.50K |
| Employees | 5 | 5 | 5 | 3 |
HU-TECH ASSOCIATES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has HU-TECH ASSOCIATES LIMITED filed financial statements?
Yes. Okredo holds filed figures for HU-TECH ASSOCIATES LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did HU-TECH ASSOCIATES LIMITED report in 2024?
HU-TECH ASSOCIATES LIMITED reported net assets of £364.57K for 2024. That compares with £388.69K in 2023, a change of -6.21%.
What total assets did HU-TECH ASSOCIATES LIMITED report in 2024?
HU-TECH ASSOCIATES LIMITED reported total assets of £557.06K for 2024. That compares with £603.67K in 2023, a change of -7.72%.
What total liabilities did HU-TECH ASSOCIATES LIMITED report in 2024?
HU-TECH ASSOCIATES LIMITED reported total liabilities of £192.50K for 2024. That compares with £214.98K in 2023, a change of -10.46%.
How many people does HU-TECH ASSOCIATES LIMITED employ?
HU-TECH ASSOCIATES LIMITED reported 3 employees in 2024, compared with 5 in 2023.
How have HU-TECH ASSOCIATES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, HU-TECH ASSOCIATES LIMITED's net assets rose by 0.7%, total assets fell by 5.4%, total liabilities fell by 15% and employee numbers fell by 40%. Net assets compounded at 0.3% a year across the two years to 2024, from £362.19K to £364.57K. Reported headcount went from 5 in 2022 to 3 in 2024 (-2).
Which years of HU-TECH ASSOCIATES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.